It works like this: we’re going to make sure you’re not left holding the bag for something that shouldn’t be your responsibility. “We buy problems” means we purchase the right to collect delinquent dues on your behalf, making sure the Association never has to pay another legal bill for collections again. Then we fund an amount equal to or more than your worst-case collection amount immediately so you can operate your business. You can breathe a sigh of relief right now if you want.
It works like this: we’re going to make sure you’re not left holding the bag for something that shouldn’t be your responsibility. “We buy problems” means we purchase the right to collect delinquent dues on your behalf, making sure the Association never has to pay another legal bill for collections again. Then we fund an amount equal to or more than your worst-case collection amount immediately so you can operate your business. You can breathe a sigh of relief right now if you want.
One complaint we hear quite often is board members don’t understand the terms and abbreviations being used during a foreclosure case. Attorneys will toss them around like everyone has worked in…
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